You find a home that you can purchase for 280000 you make a


You find a home that you can purchase for $280,000. You make a 20 percent down-payment on the home. You find a savings bank that will write a loan for 30 years at a 4.5 percent annual rate with monthly payments that include interest and principal. Calculate the monthly payment.

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Financial Management: You find a home that you can purchase for 280000 you make a
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